Spread the loveOne week ago we showed that in a dramatic reversal of recent “strong consumer” trends, the latest debit and credit card data from Bank of America showed that US household spending just hit a brick wall, dropping -1.2% for the first…

Spread the loveAccording to Goldman, the agreement announced on Saturday between uniparty leaders Joe Biden and Kevin McCarthy titled hilariously the “Fiscal Responsibility Act”, prohibits the Biden Administration from extending the pause on student loan repayments in place since March 2020, even…

Spread the loveOPEC will welcome the return of Iran to the international oil market once the U.S. lifts sanctions from Tehran, the secretary general of the cartel said. “We believe that Iran is a responsible player amongst its family members,…

Spread the loveWall Street Journal, Editorial Board The new mayor’s allies lay out their agenda: ‘First We Get the Money.’ Well, that didn’t take long. Chicago Mayor Brandon Johnson was inaugurated last week, and two days later his allies released a report…

Spread the loveSaudi Arabia Increasing Ties with Iran and Syria In March of this year, Saudi Arabia and Iran announced a resumption of relations following a deal brokered by China. The Saudi regime—a longtime Washington ally—had apparently not told the…

Spread the loveElvira Nabiullina has successfully guided Russia’s economy following the imposition of unprecedented sanctions. Bank of Russia Governor Elvira Nabiullina visited Tehran for talks with her Iranian counterpart, Mohammad-Reza Farzin, Bloomberg reported on 25 May. The talks focused on strengthening relations between…

Spread the loveHere come the vacancies… A sobering report from Coldwell Banker (available to pro subs in the usual place) reveals that San Francisco’s office vacancy rate hit a record high of 29.4%, as net absorption (total new square footage leased minus the…

Spread the loveEveryone knows that San Francisco is the nation’s largest public toilet – requiring the city to employ six-figure ‘poop patrol’ cleanup team, however a new report from the city Controller’s Office really puts things in perspective. For starters, feces were found far more…